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GST Upadate Due to COVID-19


All GST updates because of COVID-19


Because of COVID-19 Government has extended dates for GST filings are Notified in Notification 30/2020 to 36/2020 Dated 03-04-2020 (Circular No. 136/06/2020-GST has been issued.


1. Due Date of Filing of Form GSTR 3B


Ø Taxpayers having aggregate turnover Exceeding Rs. 5 cr in Preceding FY (Table No. 1)
Tax period
Late fees waived if return filed by
Interest
Feb 2020 to April 2020
24th June 2020
(Refer Table No. 6)
May 2020
27th June 2020
 N. A

Ø Taxpayers having aggregate turnover between Rs. 1.5 cr to 5 cr. In the Preceding FY (Table No. 2)
Tax period
Late fees waived if return filed by
Interest
Feb 2020 to March 2020
29th June 2020
(Refer Table No. 7)
April 2020
30th June 2020
(Refer Table No. 7)
May 2020
(Refer Table No. 4)
N. A

Ø Taxpayers having aggregate turnover Up to Rs. 1.5 Cr in Preceding FY (Table No. 3)
Tax period
Late fees waived if return filed by
Interest
Feb 2020
30th June 2020
(Refer Table No. 8)
March 2020
3rd July 2020
(Refer Table No. 8)
April 2020
6th July 2020
(Refer Table No. 8)
May 2020
(Refer Table No. 4)
N. A


Ø Taxpayers having aggregate turnover Up to Rs. 5 cr. in Preceding FY (Table No. 4)

Tax period
Late fees waived if return filed by

1.    May 2020
12th July 2020
Category 1 State/UT
Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, Daman & Diu and Dadra & Nagar Haveli, Puducherry, Andaman and Nicobar Islands, Lakshadweep
2.   May 2020
14th July 2020
Category 2 State/UT
Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, Jammu and Kashmir, Ladakh, Chandigarh, Delhi

2. Due date of filing of Form GSTR 1 (Table No. 5)

Tax Period
Due Date
Late fees waived if return filed by
March 2020
11-04-2020
30-06-2020
April 2020
11-05-2020
30-06-2020
May 2020
11-06-2020
30-06-2020
Quarter Jan 2020 to March 2020
30-04-2020
30-06-2020

3. Interest Liabilities for GSTR 3B


a.)         Taxpayers having aggregate turnover Exceeding Rs. 5 cr in Preceding FY (Table No. 6)
Tax Period
No Interest if Filed by
9% Interest For a Period if Filed by 24th June 2020
18% Interest if Filed After 24th June 2020 From the Date
Feb 2020
4thApril 2020
5th Apr 2020 to
24 June 2020
21st March 2020
March 2020
5thMay 2020
6th May 2020 to
24 June 2020
21st April 2020
April 2020
4thJune 2020
5th June 2020 to
24 June 2020
21st May 2020
Please note that if GSTR 3B Filed After 24th June Interest Will Charged From Original Due Date and not from Extended Due date






b.)        Taxpayers having aggregate turnover Between Rs. 1.5 cr to 5 cr. in Preceding FY (Table No. 7)
Tax Period
No Interest if Filed by
(Relevant Date)
Interest Payable at 18% From the Date if not Filed by Relevant Date for Category 1 State/UT Taxpayers
Interest Payable at 18% From the Date if not Filed by Relevant Date for Category 2 State/UT Taxpayers
Feb 2020
29th  June 2020
23rd March 2020
25th March 2020
March 2020
29th June 2020
23rd April 2020
25th April 2020
April 2020
30th June 2020
23rd May 2020
25th May 2020






c.)         Taxpayers having aggregate turnover up to Rs. 1.5 Cr in Preceding FY (Table No. 8)
Tax Period
No Interest if Filed by
(Relevant Date)
Interest Payable at 18% From the Date if not Filed by Relevant Date for Category 1 State/UT Taxpayers
Interest Payable at 18% From the Date if not Filed by Relevant Date for Category 2 State/UT Taxpayers
Feb 2020
30th  June 2020
23rd March 2020
25th March 2020
March 2020
3rd July 2020
23rd April 2020
25th April 2020
April 2020
6th July 2020
23rd May 2020
25th May 2020


4. Person Who Required to opt-in For Composition Scheme for F.Y 2020-21

Important: A Person who want to opt for composition scheme for F.Y 2020-21  Should not file GSTR 3B and GSTR 1 for any tax period of F.Y 2020-21 From any GST number associated with his PAN
Form
Financial Year
Extended Due Date
GST CMP 02
2020-21
30-06-2020
GST ITC 03 (For ITC as on 31-03-2019
2019-20
31-07-2020



Ø Due Date Of Return for Composition Taxpayer

Form
Tax Period
Due date
GST CMP 08
Jan to March 2020
07-07-2020
GSTR-4
F.Y 2019-20
15-07-2020






Government vide Notifications dated 5th May 2020 Provide Relaxation under Goods and Services Tax because of Pandemic Situation under COVID-19


1. Change in Mechanism—GSTR 3B
·       Notification No 38/2020–Central Tax—This is an enormous relief to file Form GSTR 3B

Ø Entity Registered Under Companies Act shall now file GSTR-3B  through EVC till 30.06.2020 by Company.

Ø Registered person who is required to furnish NIL return (GSTR 3B) shall file such return through SMS (short messaging service) by using registered mobile number and shall verify by registered mobile number through the OTP facility.

2. Registration Under CIRP
·       Notification No 39/2020 - Center Tax – Corporate Debtors were not in default of filing GST returns before the appointment of IRP/RP are not required to follow a special procedure provided in Notification no. 11/2020 of CGST Act.
(Under Notification 11/2020 Registration required within 30 days of appointment of IRP/RP)

Ø Revise date of registration: As a part of Corporate Insolvency Resolution Process (CIRP) Corporate Debtor has to take fresh Registration under Goods and Services Tax
Within 30 days of the appointment of IRP/RP
Or
30-06-2020
     Whichever is later





3. Validity of E-way bill Extended
·       Notification No 40/2020 - Center Tax – The validity of the Following E-way bill has been Extended till 31-05-2020.

Ø  E-way bills which were generated by 24.03.2020; and
Ø  E-way bills having expiry between the period from 20.03.2020 to 15.04.2020

4. Extend Due Date of GSTR 9/9C
·       Notification No 41/2020 - Center Tax -

Ø Extends the time limit for furnishing Annual Return for FY 2018-19 till 30.09.2020 which was earlier 30.06.2020

5. Change in date of Filing of GST Return for Union Territory
·       Notification No 42/2020 - Center Tax - Revised Due date of furnishing of monthly return Form GSTR 3B for each of month November 2019 to March 2020 for Registered Person whose Principal Place of business (Effective From 24.03.2020)

Ø In Union Territory of Jammu & Kashmir
Form 3B -Nov 2019 to Feb 2020
Date on or Before 24th March 2020

Ø In Union Territory of Ladakh
Form 3B – Nov 2019 to Dec 2019
Date on or Before 24th March 2020
Form 3B – Jan 2020 to March 2020
Date on or Before 20th May 2020


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